Real estate stocks soar, social housing tycoon Hoang Quan has new news

(Dan Tri) - HQC (Hoang Quan) shares increased sharply along with the rise of real estate stocks.

The stock market recorded positive signals today. VN-Index closed the session up more than 17.8 points, to 1,654.2 points. Liquidity on both exchanges reached more than 58,600 billion VND.

The bright spot of the market is in the real estate industry stocks when a series of codes hit the ceiling, with no buyers, such as KBC, HPX, NDN, SGR, HAR, DIG, DRH, VRC.

Notably in this group, HQC shares of "social housing tycoon" Hoang Quan also increased sharply with an increase of 5.79%, up to 4,200 VND/unit, the highest price range in the past year.

Today, Hoang Quan and the investor held a groundbreaking ceremony for the social housing project at Thanh Hai Resettlement Area. This project is one of the four key projects of Khanh Hoa province, belonging to the group of 80 key projects of the Government that were simultaneously started on the same day across the country, chaired by Prime Minister Pham Minh Chinh.

The project consists of 4 15-storey apartment blocks, providing more than 1,300 apartments with an investment of more than VND 1,136 billion. Expected completion and operation time is in the second quarter of 2027.

Regarding social housing, Hoang Quan has committed to the Government to build 50,000 social housing units. By May, the company had built 10,000 units, with 40,000 units remaining. The goal by 2030 is to complete the remaining number, equivalent to about 7,000-8,000 units/year.

Stock groups strongly influence today's index (Screenshot).

Returning to the general market, VPBank shares hit the ceiling early today, up to 34,200 VND/unit. Since the beginning of July, this code has skyrocketed, from 18,600 VND to the current level, an increase of about 84%. Trading volume reached over 21.6 million shares, equivalent to more than 733 billion VND.

Regarding VPBank, the bank is preparing an initial public offering (IPO) plan for its subsidiary securities company - VPBank Securities (VPBankS), according to Bloomberg. According to Reuters, VPBank may conduct an IPO of 10% of VPBankS shares this time. VPBankS has a charter capital of VND15,000 billion (USD570 million).

The market increased strongly, in addition to the leadership of VPBank, there were also banking stocks such as LPB, ACB, HDB, TCB, TPB, MBB.

At the end of the session, foreign investors net sold nearly 1,332 billion VND. Stocks that were strongly net sold included MWG, KDH, HPG, FPT, VIC, VPB... On the contrary, many stocks were strongly net bought such as SSI, DIG, BAF, CII, GEX.

Source: https://dantri.com.vn/kinh-doanh/co-phieu-dia-oc-thang-hoa-ong-trum-nha-o-xa-hoi-hoang-quan-co-tin-moi-20250819160208339.htm